Key Players are Sigma-Aldrich Corp. (U.S.), Thermo Fisher Scientific (U.S.) and Waters Corp. (U.S), Agilent Technologies (U.S.), GE Healthcare (U.K.), Perkin Elmer (U.S.), AB-Sciex (U.S.), Bio-Rad Laboratories Inc. (U.S.), Bruker Corp. (U.S.).
(PRWEB) April 08, 2015
The global protein engineering market is poised to reach $1,463.0 million by 2020 from $610.3 million in 2014, at a CAGR of 15.7% from 2015 to 2020.
New product launches and product development are the most preferred strategy adopted by key players in this market. Players adopted these strategies to enhance their product offerings, increase their market share, cater to customers’ demands and consolidate their market presence.
Besides new product launches, agreement and partnership is the second most preferred strategies adopted by players in this market. Most of the pharmaceutical and biotechnology companies partnered with research institutes, universities and smaller market payers in order to hone the protein engineering technology and to gain market share in this market.
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The protein engineering market is dominated by established players such as Thermo Fisher Scientific (U.S.), Agilent Technologies (U.S.), Bio-Rad Laboratories, Inc. (U.S.), AB-Sciex (U.S.) and Sigma-Aldrich Corp. (U.S.). These companies have a strong reputation and customer base.
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